Articles Filed Under: RealRecentReductions

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Renovated Loft in an Iconic Building Returns to 2014 Price

Renovated Loft in an Iconic Building Returns to 2014 Price

Listed for $1.395 million in July of 2014, reduced to $1.295 million that August and then re-listed anew for “$995,000” the next month, the 1,229-square-foot unit #310 in the iconic Heublein Building at 601 4th Street officially sold with “multiple offers!” and an “over asking” contract price of $1,095,000... Read More »

Ironic Decor and Reduction for a Remodeled ‘Penthouse’ Loft

Ironic Decor and Reduction for a Remodeled ‘Penthouse’ Loft

Purchased for $1.65 million in May of 2016, the 2,000-ish-square-foot unit #403 on the fourth floor of 767 Bryant Street returned to the market listed for $1.75 million this past June having been completed remodeled “from the studs up,” with high-end and custom finishes throughout and the phrase, “Success... Read More »

Million Dollar Price Cut for Nicolas Cage’s Former Russian Hill Home

Million Dollar Price Cut for Nicolas Cage’s Former Russian Hill Home

As we first reported at the beginning of the year: Purchased by Nicolas Cage by way of an anonymous trust for $9.4 million back in 2006, the Russian Hill mansion at 898 Francisco Street resold for $8.5 million in July of 2008, which included the undeveloped lot fronting Hyde... Read More »

$2.5 Million Cut for Landmark Presidio Heights Home

$2.5 Million Cut for Landmark Presidio Heights Home

Having hit the market in July priced at $16 million, as we first reported at the time, the asking price for the Landmark Presidio Heights home at 3500 Jackson Street which was designed by Bernard Maybeck and built in 1909 has just been reduced by $2.5 million (15.6 percent)... Read More »

Menlo Park House of Light Reduced Another Million

Menlo Park House of Light Reduced Another Million

Designed by the late modernist architect John Thodos and built on a wooded Menlo Park lot seven years ago, the award-winning “House of Light” at 625 Hobart Street hit the market early last year priced at $8.5 million or roughly $1,690 per square foot. Reduced to $6.8 million at... Read More »

$1.5 Million Price Cut for Hidden Glen Park Estate

$1.5 Million Price Cut for Hidden Glen Park Estate

Having hit the market priced at $12.5 million last month, as we first reported at the time, the asking price for the massive Glen Park estate at 47 Chenery Street has just been reduced by $1.5 million (12 percent) to an even $11 million. In addition to a garden... Read More »

19.2 Percent Price Cut for Designer Noe Valley Pad

19.2 Percent Price Cut for Designer Noe Valley Pad

Priced at $6.8 million or roughly $1,420 per finished square foot at the beginning of the year, the list price for the designer five-bedroom home at 4352 26th Street was reduced to $5.995 million in May and the property was re-listed with an official “1” day on the market... Read More »

Best Priced Two-Bedroom in Premier High-Rise Drops Another $93K

Best Priced Two-Bedroom in Premier High-Rise Drops Another $93K

As we originally reported two months ago: Purchased for $1.495 million in September 2015, the 1,418-square-foot Lumina unit #2A at 318 Main Street returned to the market this past June listed for $1.649 million and touting: “Best priced 2bed/2bath home in San Francisco’s premier luxury high rise condo!” While... Read More »

Angling for a Bidding War to Fetch a 2015 Price

Angling for a Bidding War to Fetch a 2015 Price

Listed for $1.17 million, or roughly $768 per square foot, in January 2015, the ClockTower loft unit #C322 at 461 2nd Street quickly sold for an “over asking!” price of $1.45 million, or roughly $951 per square foot, and closed escrow within three weeks of being listed. This past... Read More »

Crown Jewel of Piedmont Now Listed for $2 Million Less

Crown Jewel of Piedmont Now Listed for $2 Million Less

Having hit the market listed as “the crown jewel of Piedmont” for $7.25 million last year, the asking price for the restored 5,700-square-foot Edwardian on a manicured half-acre lot at 117 Sheridan Avenue was reduced to $6.75 million this past March and then to $5.98 million in July. And yesterday,... Read More »